According to The World Air Transport Statistics data, published annually by the International Air Transport Association (IATA), Turkish Cargo, a logistics brand of Turkish Airlines, ranks 1st among the European air cargo companies, while Turkish Airlines ranks 4th among global airlines. Furthermore, the FKT (Freight Ton Kilometers) data shows an increase of business volume by more than 32 percent, reaching the transportation performance of 9.2 million tons kilometers in 2021. As a result, Turkish Cargo topped the rankings by outdistancing the leading cargo brands in Europe.
A Record-Breaking Growth in Market Share, Flight Network and Carried Tonnage
Turkish Airlines Chairman of the Board and the Executive Committee, Prof Dr Ahmet Bolat, said, “As the fastest-growing air cargo brand in the world, we continue to add value to the air cargo industry with our contributions to the supply chain and maintain our critical role when it comes to increasing the global trade’s competition power. We are on the march towards our target to become one of the top 3 air cargo brands in the world in 2025 by carrying this success performed by Turkish Cargo in Europe to all corners of the world.”
After the fleet, infrastructure, and process and quality improvements were performed by Turkish Cargo in 2017, the global carrier rose from 22nd to 4th in the global rankings while increasing its market share from 2.6% to 5.2% during the last five years. With only a fleet of 13 cargo planes in 2017, Turkish Cargo increased the number by 53.8% to 20 planes in 2022. In conjunction with the expansion of the fleet, the number of destinations operated by freighters nearly doubled, reaching 100 in 2022. Thanks to the air bridges built by Turkish Cargo, Turkish exporters can now establish commercial connections directly with approximately 85% of the world on a GNP basis.
With the market share increasing by 8% on medical cargo shipments, Turkish Cargo played a crucial role in the fight against the pandemic both in Turkey and on a global scale. Furthermore, it demonstrated the reliability of the logistic brand by operating over 6,500 Pax-free flights to overcome the capacity bottleneck resulting from the global pandemic.
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